EX-4.19 21 d128959dex419.htm EX-4.19 EX-4.19

EXHIBIT 4.19

CONFIDENTIAL TREATMENT

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT

BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT

TREATS AS PRIVATE OR CONFIDENTIAL

Supplemental Agreement No. 16

to

Purchase Agreement No. 2191

between

The Boeing Company

and

COPA Holdings, S.A., Inc. Relating to

Boeing Model 737 Aircraft

THIS SUPPLEMENTAL AGREEMENT entered into as of                         , 2008 by and between THE BOEING COMPANY, a Delaware corporation with its principal office in Seattle, Washington, (Boeing) and COPA HOLDINGS, S.A., INC. (Customer);

WHEREAS, the parties hereto entered into Purchase Agreement No. 2191 dated November 25, 1998 (the Agreement), as amended and supplemented, relating to Boeing Model 737-7V3 and 737-8V3 aircraft (the Aircraft); and

WHEREAS, Customer and Boeing have come to agreement on the **Material Redacted**; and

WHEREAS, Boeing and Buyer have mutually agreed to amend the Agreement to incorporate the effect of these and certain other changes;

NOW THEREFORE, in consideration of the mutual covenants herein contained, the parties agree to amend the Agreement as follows:

1.1. Table of Contents, Tables and Letter Agreements:

1.2. Remove and replace, in its entirety the “Table of Contents”, with the “Table of Contents” attached hereto and hereby made a part of the Agreement, to reflect the changes made by this Supplemental Agreement.

1.3. Table 1-8 entitled “Aircraft Information Table for Model 737- 8V3 Aircraft ” is attached hereto to reflect **Material Redacted**.

1.4. Letter Agreement No. 6-1162-LAJ-982R5 entitled “Special Matters” has been revised to **Material Redacted**.

 

PA No. 2191     SA No. 16

The Purchase Agreement will be deemed to be supplemented to the extent herein provided as of the date hereof and as so supplemented will continue in full force and effect.

Boeing and Customer have each caused this Supplemental Agreement to be duly executed as of the day and year first written above.

 

  THE BOEING COMPANY       COPA HOLDINGS, S.A.
By  

 

     By:  

 

Its:  

Attorney-In-Fact

     Its:  

Chief Executive Officer

 

PA No. 2191  

Page 2

   SA No. 16

TABLE OF CONTENTS

 

ARTICLES

     
 SA
NUMBER		  
 

1.    

    Quantity, Model and Description      SA 3  

2.    

    Delivery Schedule   

3.    

    Price   

4.    

    Payment      SA 3  

5.    

    Miscellaneous   

TABLE

   

1-1

    Aircraft Information Table for Model 737-7V3 Aircraft      SA 4  

1-2

    Aircraft Information Table for Model 737-8V3 Aircraft      SA 5  

1-3

    Aircraft Information Table for Model 737-7V3 Aircraft      SA 7  

1-4

    Aircraft Information Table for Model 737-7V3 Aircraft      SA 13  

1-5

    Aircraft Information Table for Model 737-8V3 Aircraft      SA 13  

1-6

    Aircraft Information Table for Model 737-8V3 Aircraft      SA 13  

1-7

    Aircraft Information Table for Model 737-8V3 Aircraft Option Aircraft      SA 13  

1-8

    Aircraft Information Table for Model 737-8V3 Aircraft      SA 16  

EXHIBIT

   

A-1

    Aircraft Configuration for Model 737-7V3 Aircraft      SA 3  

A-2

    Aircraft Configuration for Model 737-8V3 Aircraft      SA 3  

B.    

    Aircraft Delivery Requirements and Responsibilities      SA 3  

SUPPLEMENTAL EXHIBITS

   

AE1.  

    Escalation Adjustment Airframe and Optional Features      SA 10  

BFE1.

    BFE Variables      SA 3  

CS1.  

    Customer Support Variables      SA 3  

EE1.  

    Engine Escalation/Engine Warranty and Patent Indemnity   

SLP1.

    Service Life Policy Components   

 

PA No. 2191     SA No. 16

LETTER AGREEMENTS

     
 SA
NUMBER
 

2191-01

      Demonstration Flight Waiver   

2191-02

      Escalation Sharing   

2191-03

      Seller Purchased Equipment   

RESTRICTED LETTER AGREEMENTS

   

6-1162-DAN  -0123

      Performance Guarantees   

6-1162-DAN -0124

      Special Matters   

6-1162-DAN -0155

      Airframe Escalation Revision   

6-1162-DAN -0156

      Year 2000 Ready Software, Hardware and Firmware   

6-1162-DAN -0157

      Miscellaneous Matters   

6-1162-MJB-0017  

      Special Matters   

6-1162-MJB-0030  

      Special Matters   

6-1162-LAJ-874R  

      Special Matters      SA 5  

6-1162-LAJ-874R1

      Special Matters      SA 6  

6-1162-LAJ-874R2

      Special Matters      SA 7  

6-1162-LAJ-982    

      Special Matters      SA 8  

6-1162-LAJ-982R3

      Special Matters      SA 11  

6-1162-RLL-3852  

      737-800 Performance Guarantees      SA 9  

6-1162-LAJ-982R4

      Special Matters      SA 13  

6-1162-RLL-3958

      737-8V3 Option Aircraft      SA 13  

6-1162-LAJ-982R5

      Special Matters      SA 16  

SUPPLEMENTAL AGREEMENTS

      DATED AS OF:  

Supplemental Agreement No. 1

      June 29, 2001  

Supplemental Agreement No. 2

      December 21, 2001  

Supplemental Agreement No. 3

      June 14, 2002  

Supplemental Agreement No. 4

      December 20, 1002  

Supplemental Agreement No. 5

      October 31, 2003  

Supplemental Agreement No. 6

      September 9, 2004  

Supplemental Agreement No. 7

      December 9, 2004  

Supplemental Agreement No. 8

      April 15, 2005  

Supplemental Agreement No. 9

      March 16, 2006  

Supplemental Agreement No. 10

      May 8, 2006  

Supplemental Agreement No. 11

      August  30 , 2006  

Supplemental Agreement No. 12

      February 26, 2007  

Supplemental Agreement No. 13

      April 23, 2007  

Supplemental Agreement No. 14

      August 31, 2007  

Supplemental Agreement No. 15

      February 21, 2008  

Supplemental Agreement No. 16

                          , 2008  

 

PA No. 2191     SA No. 16

Table 1-8

Aircraft Information Table for 737-8V3

Delivery, Description, Price and Advance Payments

 

Airframe Model/MTOW:    737-800    174200 pounds   
Engine Model/Thrust:    CFM56-7B26    26400 pounds   
Airframe Price:       **Material Redacted**   
Optional Features:       **Material Redacted**   
Sub -Total of Airframe and Features:       **Material Redacted**   
Engine Price (Per Aircraft):         
Aircraft Basic Price (Excluding BFE/SPE):       **Material Redacted**   
Buyer Furnished Equipment (BFE) Estimate:         
Seller Purchased Equipment (SPE) Estimate:       **Material Redacted**   
Refundable Deposit/Aircraft at Proposal Accept:       **Material Redacted**   
Detail Specification:    D6-38808-43-1    (5/4/2005)   
Airframe Price Base Year/Escalation Formula:       Jul -07    ECI-MFG/CPI
Engine Price Base Year/Escalation Formula:       N/A    N/A
Airframe Escalation Data:         
Base Year Index (ECI):       **Material Redacted**   
Base Year Index (CPI):       **Material Redacted**   

 

                                        Advance Payment Per
Aircraft (Amts. Due/Mos.
Prior to Delivery):		  
Delivery
Date		    Number of
Aircraft		      Escalation
Factor
(Airframe)		      Escalation Estimate
Adv Payment Base
Price Per A/P		      At Signing
1%		      24 Mos.
4%		      21/18/12
/9/6
Mos.
5%		      Tota
30%		  
     **Material        **Material        **Material        **Material        **Material        **Material        **Material  

**Material Redacted**

      Redacted**        Redacted**        Redacted**        Redacted**        Redacted**        Redacted**        Redacted**  
     **Material        **Material        **Material        **Material        **Material        **Material        **Material  

**Material Redacted**

      Redacted**        Redacted**        Redacted**        Redacted**        Redacted**        Redacted**        Redacted**  

TOTAL:

     

 **Material

Redacted**

  

 

                  

 

PA No. 2191     SA No. 16

6-1162-LAJ-982R5

COPA HOLDINGS, S.A.

Apartado 1572

Avenida Justo Arosemena y Calle 39

Panama 1, Panama

Subject: Special Matters

Reference: Purchase Agreement No. 2191 (the Purchase Agreement) between The Boeing Company (Boeing) and COPA HOLDINGS, S.A. (Customer) relating to Model 737 aircraft (the Aircraft)

This Letter Agreement amends and supplements the Purchase Agreement. This Letter Agreement supersedes and replaces in its entirety Letter Agreement 6-1162-MJB-0017. All terms used but not defined in this Letter Agreement have the same meaning as in the Purchase Agreement. In consideration of the Aircraft orders, Boeing provides the following to Customer.

 

1.

**Material Redacted**

 

2.

**Material Redacted**

 

3.

**Material Redacted**

 

4.

**Material Redacted**

 

5.

**Material Redacted**

 

6.

**Material Redacted**

 

7.

**Material Redacted**

 

8.

**Material Redacted**

 

9.

**Material Redacted**

 

10.

**Material Redacted**

 

11.

**Material Redacted**

 

12.

Confidentiality. Customer understands that certain commercial and financial information contained in this Letter Agreement are considered by Boeing as confidential. Customer agrees that it will treat this Letter Agreement and the information contained herein as confidential and will not, without the prior written consent of Boeing, disclose this Letter

 

PA No. 2191

     SA No. 16

Agreement or any information contained herein to any other person or entity except its counsel and/or auditors or as otherwise required by law or legal process.

ACCEPTED AND AGREED TO this

Date:                                                          , 2008

THE BOEING COMPANY

By                                                                                

        Its Attorney-In-Fact

COPA HOLDINGS, S.A.

By                                                                                

        Its Chief Executive Officer

 

PA No. 2191     SA No. 16